Northern Line services will be disrupted next week – and over the next three weekends July 28, 2016 The Northern Line will be disrupted over the next three weekends, and from Monday to Friday next week, as Transport for London (TfL) carries out track replacement work at Camden Town station. From Monday to Friday next week, northbound Charing Cross branch trains will travel only to High Barnet or Mill Hill East, while northbound [...]
Ford share price swerves after it misses profit expectations and warns over full year earnings and the impact of Brexit July 28, 2016 Ford shares have dipped ahead of the open after the US car manufacturer reported its second quarter profit missed expectations. The poor performance was blamed on stalling markets in the US and China. Ford posted profit of $1.97bn, or $0.49 per diluted share, versus $2.16bn or $0.54 per share a year ago. Its earnings – excluding one-off items – came in [...]
Southern Rail guards to stage five-day strike in August 2016 July 28, 2016 Rail union RMT has confirmed a new round of industrial action involving Southern Rail guards after "a point blank refusal by both the company and the government to engage with the union" ahead of a 21 August deadline. Guards will not work any shifts between 12:01AM on Monday 8 August and 11:59PM on Friday 12 August. [...]
More and more commuters are suffering on overcrowded trains July 28, 2016 Londoners are increasingly subject to overcrowding on trains, according to new data released by the Office for National Statistics. The data, released today, shows more and more commuters are having to get trains that are overcrowded, with routes into Blackfriars, Moorgate, Fenchurch Street and St. Pancras particularly crowded. Overcrowding occurs when the number of passengers on [...]
National Express reports revenue growth led by European ventures July 28, 2016 National Express reported strong growth today despite a subdued UK market. The figures National Express posted group revenues up 14.4 per cent for the first half of 2016 to £1.1bn. The company reported pre-tax profit up 4.8 per cent to £56.9m in the six month period ending 30 June. Net debt rose by £88.4m to [...]
Commuter hell might get worse: RMT to ballot station staff across Govia Thameslink Railways July 27, 2016 Already reeling from upheaval on Southern Rail, commuters may enter the next circle of hell as RMT is to ballot staff across Govia Thameslink Railways (GTR). The union says it is to ballot station staff for industrial action over the threat to jobs, pay and safety from the impact of ticket office closures and the [...]
Flybe warns of “uncertain outlook” due to French fears and Brexit July 27, 2016 Shares in troubled airline Flybe continued to slide today as its boss admitted the outlook for the company is “very uncertain”. The share price of the Exeter-based airline has more than halved since the start of year and the first quarter results released today failed to arrest such a decline with shares falling over seven [...]
MPs back third runway at Heathrow in first post-Brexit poll July 27, 2016 Members of Parliament overwhelmingly support a third runway at Heathrow to expand aviation capacity in the south east, according to the latest poll. In the first post-Brexit poll on the matter, 76 per cent of MPs think an expanded Heathrow is an important factor in Britain’s future ability to stay connected to the world in [...]
London Wall still closed to vehicles eastbound after hundreds evacuated following a gas leak last night July 27, 2016 London Wall was still closed to some vehicles after a gas leak last night caused hundreds of City workers to be evacuated. City of London police said the road was closed to vehicles heading eastbound. No injuries or fatalities were reported in the incident, a spokesman for the London Fire Brigade said last night. He added that [...]
Get your passport ready: London City Airport is about to take off with a £344m expansion scheme in a post-Brexit vote boost to UK trade July 27, 2016 Forget the debate about Heathrow and Gatwick, London's most central airport is about to take off with a £344m expansion plan in a post-referendum boost to UK trade. Chancellor Philip Hammond, transport secretary Chris Grayling and communities secretary Sajid Javid have today given the green light to the multi-million pound expansion of London City Airport, in [...]